Ordinary People, Extraordinary Profits – How to Make a Living as an Independent Stock, Options and Futures Trader

Preface.
<p>Acknowledgments.</p>
<p>INTRODUCTION.</p>
<p>Trade the Professional Way.</p>
<p>Ride the Statistical Edge . . . Like Betting Seven in Craps.</p>
<p>Master the Inner Game.</p>
<p>CHAPTER 1 Foundational Analysis.</p>
<p>Charts.</p>
<p>Two Types of Analysis.</p>
<p>What Exactly Is Technical Analysis?</p>
<p>The Four–Stage Theory.</p>
<p>Stage 1: Accumulation.</p>
<p>Stage 2: Markup.</p>
<p>Stage 3: Distribution.</p>
<p>Stage 4: Decline.</p>
<p>Support and Resistance.</p>
<p>Definitions of Support and Resistance.</p>
<p>Once Broken, Support Tends to Act as Resistance.</p>
<p>Once Broken, Resistance Tends to Act as Support.</p>
<p>The More Often Support or Resistance Is Tested, the More Likely&nbsp;That Level Is to Fail to Hold Back Price Movement.</p>
<p>The Longer the Trend Has Been Neutral (Consolidating), the More&nbsp;Significant the Eventual Breakout Becomes.</p>
<p>Trends.</p>
<p>Trading Volume.</p>
<p>Moving Averages.</p>
<p>CHAPTER 2 Risk Management.</p>
<p>Discipline The Key to Trading Success.</p>
<p>Discipline Perspectives.</p>
<p>Avoid Trading with Scared Money.</p>
<p>Terra Nova Trade Evaluator.</p>
<p>Your Goal: To Trade without Emotion.</p>
<p>Plan Your Trade and Trade Your Plan with Risk–Reward Ratios.</p>
<p>Setting Stops Overview.</p>
<p>Overall Protective Stop Guidelines.</p>
<p>Protective Stops and Trading Time Frames.</p>
<p>Percentage of Price Stops.</p>
<p>Time Stops.</p>
<p>Avoid This Mistake.</p>
<p>RealTick&reg; Can Help.</p>
<p>Risk Management and Trading with the News.</p>
<p>Risk Management and Share Size.</p>
<p>Summary.</p>
<p>CHAPTER 3 Basic Chart Formations.</p>
<p>Time Frames.</p>
<p>Weekly Charts.</p>
<p>Daily Charts.</p>
<p>Intraday Charts.</p>
<p>Sixty–Minute Charts.</p>
<p>Ten–Minute Charts.</p>
<p>Interpreting Chart Patterns.</p>
<p>Reversal Patterns.</p>
<p>Head and Shoulders Chart Formation.</p>
<p>Long Base and Saucer Formations.</p>
<p>Saucer Bottoms and Tops.</p>
<p>Cup and Handle Formation.</p>
<p>Bull and Bear Traps.</p>
<p>Continuation Patterns.</p>
<p>Rectangle (Box).</p>
<p>Flags and Pennants.</p>
<p>Triangles.</p>
<p>Summary.</p>
<p>CHAPTER 4 Going Short.</p>
<p>Finding Shorting Opportunities.</p>
<p>Price/Earnings Ratio Imbalance.</p>
<p>Gap Openings.</p>
<p>The Loaded Spring.</p>
<p>Day–Trading Tape Resistance .</p>
<p>The Short Squeeze (Be Cautious).</p>
<p>Margin Accounts.</p>
<p>The Federal Reserve Board s Regulation T.</p>
<p>Opening a Margin Account.</p>
<p>Calculating Initial Requirements.</p>
<p>Excess Equity.</p>
<p>Calculating Maintenance Requirements.</p>
<p>Minimum Maintenance Requirements.</p>
<p>Change in Market Value.</p>
<p>Short Sales and Margin Requirements.</p>
<p>NASD/NYSE Minimum Deposit on Short Sales.</p>
<p>Margin Maintenance Calls on Short Sales.</p>
<p>Shorting–against–the–Box.</p>
<p>Summary.</p>
<p>CHAPTER 5 Other Trading Vehicles.</p>
<p>What Is an E–Mini S&amp;P 500 Contract?</p>
<p>E–Mini Symbols.</p>
<p>Initial and Maintenance Margin Requirements.</p>
<p>Treatment of Settlement.</p>
<p>The E–Mini Contract versus the Pit–Traded Contract.</p>
<p>Price and Percentage Limits.</p>
<p>Single–Source Liquidity.</p>
<p>E–Mini Standard &amp; Poor s 500 as a Hedge.</p>
<p>Tax Advantages with the E–Mini.</p>
<p>The E–Mini Nasdaq 100.</p>
<p>Chicago Board of Trade Mini–Dow Futures Use&nbsp;$5 Multiplier.</p>
<p>Who Regulates Futures Trading?</p>
<p>Program Trading and Fair Value.</p>
<p>Predicting the Opening.</p>
<p>How to Calculate Fair Value.</p>
<p>What about Exchange–Traded Funds?</p>
<p>The QQQQs.</p>
<p>E–Mini Is Hard to Beat.</p>
<p>Put and Call Options.</p>
<p>A Brief History.</p>
<p>Puts and Calls and Standardized Options.</p>
<p>Shares per Option.</p>
<p>Pricing.</p>
<p>Symbology.</p>
<p>Settlement.</p>
<p>In–the–Money or Out–of–the–Money.</p>
<p>Rights versus Obligations.</p>
<p>Opening and Closing Transactions.</p>
<p>Open Interest.</p>
<p>Opening Rotation.</p>
<p>Option Positions.</p>
<p>Long Stock.</p>
<p>Short Stock.</p>
<p>Long Call.</p>
<p>Short Call.</p>
<p>Long Put.</p>
<p>Short Put.</p>
<p>Conversions, Reversals, and Synthetics.</p>
<p>The Greeks and Delta Value.</p>
<p>Position Delta.</p>
<p>Gamma.</p>
<p>Position Gamma.</p>
<p>Long/Positive Gamma.</p>
<p>Short/Negative Gamma.</p>
<p>Omega.</p>
<p>Vega.</p>
<p>Theta.</p>
<p>Summary.</p>
<p>CHAPTER 6 Trading Strategies.</p>
<p>The Profiler s–Systems Trading.</p>
<p>Pricing Puts/Calls A Strategy You Can Use.</p>
<p>CHAPTER 7 Indicators and Oscillator.</p>
<p>Stochastics.</p>
<p>Stochastics Interpretation.</p>
<p>Relative Strength Index.</p>
<p>ARMS Index.</p>
<p>Using the TRIN.</p>
<p>Fibonacci Retracements.</p>
<p>CHAPTER 8 Traditional Pivot Analysis.</p>
<p>The Pivot Formula.</p>
<p>The Pivot in Action.</p>
<p>Calculating Pivots.</p>
<p>Choosing the Right Data for Calculations.&nbsp;</p>
<p>The Area between R1 and S1.</p>
<p>Illustrating Pivot Lines on RealTick.</p>
<p>Archiving Pivot Levels.</p>
<p>Pivotal Psychology.</p>
<p>Paper Trading.</p>
<p>Strategy and Money Management.</p>
<p>Lining Up Levels on Multiple Time Frames.</p>
<p>Trading a Confluence Zone.</p>
<p>Swing Trading with Confluence Areas.</p>
<p>Summary.</p>
<p>CHAPTER 9 Planning and Staying on Track.</p>
<p>What Is Your Time Commitment?</p>
<p>How Will You Fund Your Trading Account?</p>
<p>What Style of Trading Will You Pursue?</p>
<p>What Are Your Profit Objectives?</p>
<p>How Will You Manage Your Profits?</p>
<p>Do You Evaluate All Your Trades?</p>
<p>Are You Keeping a Journal?</p>
<p>Summary.</p>
<p>CHAPTER 10 Your Path to Success.</p>
<p>Where to Next?</p>
<p>Summary.</p>
<p>Appendix: MarketWise Tools Routes to Success.</p>
<p>MarketWise Web Site Resources.</p>
<p>Tuning to the Market Intraday.</p>
<p>Glossary.</p>
<p>Bibliography and Exchange Contact Information .</p>
<p>Exchange Contact Information.</p>
<p>Index.</p>